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Jan 25, 2013
01/13
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when senator obama voted against raising the debt ceiling, he said he was doing so because the national debt was at an outrageous $8 trillion. he clarified for a fact -- $8 trillion, trillion with a 't'. now our national debt is over $16 trillion and climbing, larger than our tire economy and he is not a word about it at all. he calls a progress. his campaign slogan said it is forward. i've got news for the president, if washington's debt is going forward, america's economy is going backward. instead of worrying about managing the economy, it is time to address how we can lead america out where she can once again become the land of opportunity and once again become a place of growth and opportunity. we should put all our eggs in that basket as conservatives and republicans. we certainly do need folks in washington, d.c. to devote themselves to stop as president from taking this country so far off the ledge that we can i get back. we must stop what is rapidly becoming the bankrupting of our federal government. we, as conservatives, must dedicate our energies endeavors to growing america,
when senator obama voted against raising the debt ceiling, he said he was doing so because the national debt was at an outrageous $8 trillion. he clarified for a fact -- $8 trillion, trillion with a 't'. now our national debt is over $16 trillion and climbing, larger than our tire economy and he is not a word about it at all. he calls a progress. his campaign slogan said it is forward. i've got news for the president, if washington's debt is going forward, america's economy is going backward....
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Oct 7, 2013
10/13
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CNNW
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the debt ceiling. where were you coming from there and why the change of mind? >> when that statement was made, of course the so-called extraordinary measures hadn't yet been taken. in other words, there was a number of things the treasury could do administratively in advance of a default, buy time for further negotiations and discussions. secretary liu is now saying all of those measures, those extraordinary measures, have been exhausted and the day of reckoning is now here. >> so you're a republican and i know you're a loyal republican, but i have to say, it's house republicans who are saying that they are demanding some concessions from the administration before they agree to raise the debt ceiling. do you think that's responsible? >> well, if you look at the debt ceiling and the so-called continuing resolution, they are now merging in time into one negotiation, it seems. the president has said he will not negotiate on the debt ceiling, but since these both have merged, he could negotiate on the con
the debt ceiling. where were you coming from there and why the change of mind? >> when that statement was made, of course the so-called extraordinary measures hadn't yet been taken. in other words, there was a number of things the treasury could do administratively in advance of a default, buy time for further negotiations and discussions. secretary liu is now saying all of those measures, those extraordinary measures, have been exhausted and the day of reckoning is now here. >> so...
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Jan 25, 2013
01/13
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and then senator obama voted against raising the debt ceiling, he said he was doing up because the national debt was outrageous a train dollars. i want to quote the president because he clarified for effect $8 trillion. under president about our national debt is over $16 trillion climbing, larger than our entire economy and he's not worried at all. indeed, he caused the progress. remember his campaign slogan? have got news for the president. if washington's guidance going forward, america's economy is going backwards. instead of managing government, it's time to address how we can make america to please her she can once again become the land of upper charity, a place of opportunity. we should put all of our eggs in that basket conservatives and republicans. research any folks in washington d.c. to devote themselves from taking america so for the lechery cannot give back. we must do all we can to stop what is rapidly becoming the bankrupting of our federal government. we as conservatives must dedicate energy and efforts to bring america, to showing the younger generation south american in th
and then senator obama voted against raising the debt ceiling, he said he was doing up because the national debt was outrageous a train dollars. i want to quote the president because he clarified for effect $8 trillion. under president about our national debt is over $16 trillion climbing, larger than our entire economy and he's not worried at all. indeed, he caused the progress. remember his campaign slogan? have got news for the president. if washington's guidance going forward, america's...
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Dec 20, 2013
12/13
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MSNBCW
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inquiries, every time the president asks us to raise the debt ceiling is a good time to try to achieve something important for the country. >> we, as a caucus, along with our senate couldn't parts, are going to meet and discuss what it is we want to get out of the debt limit. we don't want nothing out of this debt limit. we're going to decide what it is we can accomplish out of this debt limit fight. >> what all this amounts to is what an old basketball coach of mine used to call down the block tough. you're familiar with the concept of down the block tough, if not the phrase. it's when you start jawing with someone or get into a little fisticuffs and after you've walked away you say, yeah, and your mother. this is what has happened in the last three months to the republicans. they got their clock cleaned by the shutdown, and had to capitulate fully and completely to the initial offer, having gained nothing but a lot of bad feelings from the country. and the disaster of is that incident completely discredited the central tactic the gop has been using since the big fight back in 2011, w
inquiries, every time the president asks us to raise the debt ceiling is a good time to try to achieve something important for the country. >> we, as a caucus, along with our senate couldn't parts, are going to meet and discuss what it is we want to get out of the debt limit. we don't want nothing out of this debt limit. we're going to decide what it is we can accomplish out of this debt limit fight. >> what all this amounts to is what an old basketball coach of mine used to call...
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Jan 26, 2013
01/13
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MSNBC
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it was a price house conservatives demanded for delaying the debt ceiling just by three months. so this is a deal that republicans made with their members just this week, a deal that will define our budget arguments over the next week. they made this deal, if you don't force us into a politically disastrous showdown, we'll do it with an equally disastrous budget deal. i don't understand what is happening in the republican party right now, but it is not good for them. joining me now, robert greenstein, a man who always understands exactly what is happening. bob, good to see you. >> good to see you, ezra. >> so i guess my question is how, how do you make the budget balance in ten years, and keep to all of these different promises? do you know budget -- you know budgets better than anybody i know, so how? >> so there are three things to start with, and you have already mentioned perhaps the most important. he will take advantage of the revenue increases from the fiscal cliff deal. the second thing is since ryan issued his budget a year ago, the congressional budget office who does
it was a price house conservatives demanded for delaying the debt ceiling just by three months. so this is a deal that republicans made with their members just this week, a deal that will define our budget arguments over the next week. they made this deal, if you don't force us into a politically disastrous showdown, we'll do it with an equally disastrous budget deal. i don't understand what is happening in the republican party right now, but it is not good for them. joining me now, robert...
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Oct 15, 2013
10/13
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and raising the debt ceiling high enough to last until mid february. a key question, can house speaker john boehner get a senate deal through the house? so far conservatives have pushed the speak tore adop speaker to e on cutting spending and rolling bako bomb a care. they are weary of boehner. dismayed when forced to swallow the fiscal cliff deal in january. this time was to be different. but their strategy of tying government fund to go cutting obama care has failed. and with two days to go before possible default, house conservatives are back on the sideline. while senate gop leader mitch mcconnell searches for a last-minute deal with democrats. >> perhaps tomorrow will be a bright day. we are not there yet, we hope it will be. >> reporter: negotiations are at such a sensitive stage it was dealed as a positive development with a 3:00 p.m. monday meeting called here at the white house between house and senate leaders was postponed because they were hammering out details behind closed doors. back to you. >> thank you, mike viqueira reporting from the
and raising the debt ceiling high enough to last until mid february. a key question, can house speaker john boehner get a senate deal through the house? so far conservatives have pushed the speak tore adop speaker to e on cutting spending and rolling bako bomb a care. they are weary of boehner. dismayed when forced to swallow the fiscal cliff deal in january. this time was to be different. but their strategy of tying government fund to go cutting obama care has failed. and with two days to go...
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Sep 26, 2013
09/13
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CNN
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to raise a debt ceiling but with a catch. looping with it, a lengthy list of gop priorities, from the keystone pipeline, tax reform, to delaying obama care for a year. it's a direct challenge to the president. >> i will not negotiate on anything when it comes to the full faith and credit of the united states of america. >> now, the president says i'm not going to negotiate. quell, i'm sorry, but it just doesn't work that way. >> reporter: the reality is republican leaders are also doing this as a negotiating tactic with their own restive conservatives. senior gop source admit to cnn they have learned the hard way to manage unpredictable hard-liners, leaders have to first show they're -- is it something you could support? >> i'm not sure. >> reporter: even this plan that democrats dismiss as gop -- doesn't satisfy some republicans. >> the plan right now does not address the spending. >> reporter: that brings us to the more imminent october 1st deadline over funding the government. >> we have no interest in seeing a government
to raise a debt ceiling but with a catch. looping with it, a lengthy list of gop priorities, from the keystone pipeline, tax reform, to delaying obama care for a year. it's a direct challenge to the president. >> i will not negotiate on anything when it comes to the full faith and credit of the united states of america. >> now, the president says i'm not going to negotiate. quell, i'm sorry, but it just doesn't work that way. >> reporter: the reality is republican leaders are...
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Jan 14, 2013
01/13
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KGO
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ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able to meet financial obligations. >> today is the one month anniversary of the deadly school shooting in newtown, connecticut. in washington, bay area members are among the group of democrats meeting with vice president biden about gun control. the vice president could turn over his proposals to president obama as early as tomorrow. >> a month ago today, the shooting massacre at sandy hook elementary school shocked the nation. and re-ignited a fierce battle over america's relationship with guns. tomorrow, vice president biden will recommend a robust gun control game plan to president obama including stronger background checks for all gun purchases, a ban on high capacity magazine clips, and a renewed ban on assault weapons. >> my starting poi
ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able to meet financial obligations. >> today is the one month anniversary of the deadly school shooting in newtown, connecticut. in washington, bay area members...
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Dec 9, 2013
12/13
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caller: one thing this he'll will not do is raise the debt ceiling. at some point next year they are going to have to do that. it is a little difficult to forecast exactly one that is going to be. in part because the economy is -- it is a little bit more strong. as a result that extends the time in which the treasury -- atment can do things some point congress is going to have to do that. i suppose the earliest it could possibly be is february. it is much more likely that it is sometime in spring or the beginning of the summer. then you are going to get the debate over -- we should look at tax hikes, changes in entitlement. it is hard to see how they are going to get any agreement on those areas. particularly in election year. the house is expected to adjourn for the year on friday and the senate shortly after. a lot of high-profile legislation still hanging in the balance. it is the list of what is likely to make it through the 113th congress. i think the only thing that is likely to get through is the defense authorization act. will see what gets in
caller: one thing this he'll will not do is raise the debt ceiling. at some point next year they are going to have to do that. it is a little difficult to forecast exactly one that is going to be. in part because the economy is -- it is a little bit more strong. as a result that extends the time in which the treasury -- atment can do things some point congress is going to have to do that. i suppose the earliest it could possibly be is february. it is much more likely that it is sometime in...
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Sep 30, 2013
09/13
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let us pass legislation that will raise the debt ceiling. then we can have a reasoned we have a lot of differences on these other issues. stop targeting women for these kinds of specific attacks. thank you. >> we are happy to answer any questions. >> if a shutdown cannot be avoided, members of congress will continue to collect a paycheck. is that appropriate? >> no. i have a bill that would stop us from getting paid. if we do not pay our bills and we defaulted, i asked everyone to become a cosponsor of that bill. we passed it once before. we sent it over to the house. the house killed it. it is absolutely inappropriate. and i think i speak for my colleagues. >> you mentioned the medical device tax. can you give me an idea of what the caucus might consider as an appropriate to pay for if they were to repeal that? >> we are having a caucus meeting. i do not want to confuse things with you. senator reid said that we are going to handle this message from the house the same way we handled their first bill. anythinging to strip extraneous from ed
let us pass legislation that will raise the debt ceiling. then we can have a reasoned we have a lot of differences on these other issues. stop targeting women for these kinds of specific attacks. thank you. >> we are happy to answer any questions. >> if a shutdown cannot be avoided, members of congress will continue to collect a paycheck. is that appropriate? >> no. i have a bill that would stop us from getting paid. if we do not pay our bills and we defaulted, i asked...
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Jan 14, 2013
01/13
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KOFY
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ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able to meet financial obligations. >> today is the one month anniversary of the deadly school shooting in newtown, connecticut. in washington, bay area members are among the group of democrats meeting with vice president biden about gun control. the vice president could turn over his proposals to president obama as early as tomorrow. >> a month ago today, the shooting massacre at sandy hook elementary school shocked the nation. and re-ignited a fierce battle over america's relationship with guns. tomorrow, vice president biden will recommend a robust gun control game plan to president obama including stronger background checks for all gun purchases, a ban on high capacity magazine clips, and a renewed ban on assault weapons. >> my starting poi
ceiling. >> raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. we are not a deadbeat nation. >> house republicans want spending cuts as part of a deal to lift the debt ceiling. without an agreement the country has until around march 1 before it may not be able to meet financial obligations. >> today is the one month anniversary of the deadly school shooting in newtown, connecticut. in washington, bay area members...
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Oct 17, 2013
10/13
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KNTV
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nothing says the president is raise the debt ceiling. it's kind of the best choice of two bad options. >> finally, a congressional deal takes flight hours before a deadline to raise the debt ceiling or suffer the first default in u.s. history. >> but in the end, political adversaries set aside their differences and disagreements. >> before we go patting ourselves on the back, these principal players are likely going to be riding the same political carousel in a few months. >> it's a difficult situation. it's hard to see how we're going to git out of this moving forward in a way that's healthy and constructive. all we're talking about now is let's kick the can down the road for two months. >> some u.s. policy think tankers like saul jack man of the brookings institution say the president should raise the debt ceiling himself next time should it come to that. >> has this ever happened in the history of our government, has the president ever unilaterally raised the debt ceiling? >> never to raise it directly. there's no precedent of the eme
nothing says the president is raise the debt ceiling. it's kind of the best choice of two bad options. >> finally, a congressional deal takes flight hours before a deadline to raise the debt ceiling or suffer the first default in u.s. history. >> but in the end, political adversaries set aside their differences and disagreements. >> before we go patting ourselves on the back, these principal players are likely going to be riding the same political carousel in a few months....
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Oct 12, 2013
10/13
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ALJAZAM
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now it's all eyes on the senate when it comes to raising the debt ceiling. here's what he had to say. >> i was happy to see the republicans engaged in talks with the president. that's over with. it's done. they're not talking any more. we learned that this morning. i say to my friends on the republican side of the senate, time is running out. >> reporter: time is running out, he says. that's harry reid. republicans seemed to concur a little bit with that. they said that they feel that the discussion has finished now with the white house, and it is all eyes on the senate regarding raising the debt ceiling and urge republicans in the senate to stand and be strong on their principles. of course it's not like anyone wants the debt ceiling not to be raised, and cause an economic collapse around the world. but republicans don't want any more government spending, at least in part raising the debt ceiling fall noose that. that's why they're being urged to stand strong. the senate will stay in recess until harry reid concludes some time today. >> i know you have more
now it's all eyes on the senate when it comes to raising the debt ceiling. here's what he had to say. >> i was happy to see the republicans engaged in talks with the president. that's over with. it's done. they're not talking any more. we learned that this morning. i say to my friends on the republican side of the senate, time is running out. >> reporter: time is running out, he says. that's harry reid. republicans seemed to concur a little bit with that. they said that they feel...
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Feb 5, 2013
02/13
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CSPAN2
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the debt ceiling. so here's the key actor. >> host: is he a strong leader? >> guest: i think it was much more powerful figure by the force of his personality, gingrich was a more creative thinker. boehner on the other hand understands strengths and limitations. he's a likable person. it's appropriately cautious and they think is actually that the republican party through some difficult times here in the last couple months and when i most encouraged about this the way he navigated republicans away from what would've been a disastrous debate what the president overgrazing at the ceiling. if republicans had time to this issue and said, you know, were not going to raise the debt ceiling unless at a certain amount of cuts, they would've caved in the end, would've been disastrous, much like what the fiscal cliff and i think boehner and right together did a very nice job convincing republicans that you can't govern from the house, but sure to be careful about getting into these high-profile, high-stakes, last
the debt ceiling. so here's the key actor. >> host: is he a strong leader? >> guest: i think it was much more powerful figure by the force of his personality, gingrich was a more creative thinker. boehner on the other hand understands strengths and limitations. he's a likable person. it's appropriately cautious and they think is actually that the republican party through some difficult times here in the last couple months and when i most encouraged about this the way he navigated...
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Jan 15, 2013
01/13
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CNNW
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today, president obama said again, not going to negotiate with republicans about raising the debt ceiling. >> if the republicans in congress have made a decision that they want to shut down the government in order to get their way, then they have a vote in the house of representatives to do that. >> the problem, that's what they say they're going to do. great to see you birthday. david, the president himself saying, i acknowledge it, a government shut-down is a possibility. cathy mcmorris rogers of washington state told politico, i think it's possible we would shut down the government. so here we are, we're getting to a problem. treasury secretary tim geithner said mid-february/march is as far as he can go. who blinks first? >> this is like one of the situations in the monkey cage at the zoo where the monkeys bang their chests and look as powerful as possible. the president is escalating this situation. no 14th amendment option. do it my way or we plunge the public credit of the united states into bankruptcy. and the republicans are responding equivalently by saying to the president, we'r
today, president obama said again, not going to negotiate with republicans about raising the debt ceiling. >> if the republicans in congress have made a decision that they want to shut down the government in order to get their way, then they have a vote in the house of representatives to do that. >> the problem, that's what they say they're going to do. great to see you birthday. david, the president himself saying, i acknowledge it, a government shut-down is a possibility. cathy...
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Jan 15, 2013
01/13
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FOXNEWSW
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raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. and we are not a dead beat nation. >> gretchen: so is that a fact or scare tactic? we're looking at the myths of default with stuart varney. what did you make of that? >> i thought the president made some misleading, certainly provocative statements at that press conference yesterday. myth number one, we are not going to default. if the congress does not raise the debt ceiling, we do not default. we do not default. we have 2 1/2 trillion dollars worth of tax revenue coming into the treasury every year. we can use some of that money to pay our interest on our debt. we will meet our obligations on our debt regardless of the debt ceiling. we will not default. that is an absolute, we will not default. the idea that we will if we don't raise the debt creel something an absolute flat out myth. >> gretchen: what else did he say you didn't agree with? >> the use of the expression, dead beat nation, that really is talking down america. the pr
raising the debt ceiling does not authorize us to spend more. all it does is say that america will pay its bills. and we are not a dead beat nation. >> gretchen: so is that a fact or scare tactic? we're looking at the myths of default with stuart varney. what did you make of that? >> i thought the president made some misleading, certainly provocative statements at that press conference yesterday. myth number one, we are not going to default. if the congress does not raise the debt...
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Oct 9, 2013
10/13
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we can't keep piling on new debt and raise the debt ceiling is bad. the only way we support raising the debt ceiling is significant reform to spending, significant reform to the budget. bill: you're saying republicans are united? no breaks in the ranks. >> yeah. i think you will find that we're very united that raising the debt ceiling without any kind of structural reform, any budgetary reform without any kind of concern for all the debt that president obama is adding to the country i don't think it is going to happen. bill: rand paul, senator, thank you for your time. >> thank you. bill: republican from kentucky on the hill with us. martha. martha: talk about breaking news. things can get pretty crazy behind the scenes here, but nothing like this control room. how this tv studio went up in flames. but this was no electrical fire. >> holy cow. martha: oh, my. we'll tell you what happened there. bill: also an off-duty police officer is now under arrest after this biker beatdown. what may be one of new york's finest playing out on his worst day. bill:
we can't keep piling on new debt and raise the debt ceiling is bad. the only way we support raising the debt ceiling is significant reform to spending, significant reform to the budget. bill: you're saying republicans are united? no breaks in the ranks. >> yeah. i think you will find that we're very united that raising the debt ceiling without any kind of structural reform, any budgetary reform without any kind of concern for all the debt that president obama is adding to the country i...
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Sep 21, 2013
09/13
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FOXNEWSW
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hitting the ceiling. >> every person thinks raising the debt ceiling must mean that we're running up our debt. >> well, here's something else average americans know. when they increase their budget, they spend more. and those same average americans have been getting their spending under control. unlike politicians in d.c. so should the government act more like you? hi, everyone. i'm brenda button. this is "bulls and bears." let's get right to it. here they are, the "bulls and bears" this week. we have gary b. and david merce. welcome to everybody. john, the government raising its debt. average americans cutting their debt. what's going on here? >> what alternative universe does the president think that america lives in? look, if you have a credit card debt, and you have $10,000 limit, you reached your limit, and you turn to your company and say, i'm borrowing money from my neighbor every month to pay my credit card debt, can you raise it to $20,000? because raising my kracredit ca limit does not increase my debt. it's preposterous. this isn't just president obama. since 2000, republi
hitting the ceiling. >> every person thinks raising the debt ceiling must mean that we're running up our debt. >> well, here's something else average americans know. when they increase their budget, they spend more. and those same average americans have been getting their spending under control. unlike politicians in d.c. so should the government act more like you? hi, everyone. i'm brenda button. this is "bulls and bears." let's get right to it. here they are, the...
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Oct 3, 2013
10/13
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KQED
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>> applying pressure, wall street ceo, failure to raise the debt ceiling would lead to extremely adverse consequences. >> big changes coming to the health care system and we ask one of the nation's top hospital ceo's who he is doing to prepare. that and more. >>> good evening everybody. i'm bill griffin in for tyler mathisen. >> i'm susie gharib, good evening everyone. on day two of the government shutdown, president obama talking tough and acting tough. he called together the leadership of chambers of congress to find a solution and get the government up and running again and he met with a group of powerful bank ceos to discuss the risks of the financial system and in an exclusive interview, the president singled out what he called a small faction of the republican party and says he's willing to negotiate after the government is open for business again. john harwood sat down with the president today and joins us now from the white house. john, over to you, what happened? >> reporter: one of the things confusing to people is what exactly is the president willing to negotiate on and when?
>> applying pressure, wall street ceo, failure to raise the debt ceiling would lead to extremely adverse consequences. >> big changes coming to the health care system and we ask one of the nation's top hospital ceo's who he is doing to prepare. that and more. >>> good evening everybody. i'm bill griffin in for tyler mathisen. >> i'm susie gharib, good evening everyone. on day two of the government shutdown, president obama talking tough and acting tough. he called...
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Jan 14, 2013
01/13
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FOXNEWSW
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raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up and we need to pay them. so while i'm willing to compromise and find common ground how to reduce our deficits, america can not afford another debate with this congress about whether or not they should pay the bills they have already racked up. if congressional republicans refuse to pay america's bills on time, social security checks, and veterans benefits will be delayed. we might not be able to pay our troops, or honor our contracts with small business owners. food inspectors, air traffic controllers, specialists who track down loose nuclear materials wouldn't get their paychecks. investors around the world will ask if the united states of america is in fact a safe bet? markets could go haywire, interest rates would spike for anybody who borrows money, every homeowner with a mortgage, every student with a college loan, every small business owner wh
raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have already been racked up and we need to pay them. so while i'm willing to compromise and find common ground how to reduce our deficits, america can not afford another debate with this congress about whether or not they should pay the bills they have already racked up. if congressional republicans refuse to pay america's bills...
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Jan 15, 2013
01/13
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KOFY
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the debt ceiling f.congress raises the debt cell what does it do. puts us more in debt. >> it allows him to borrow more money. >>reporter: half the people we talked to had no idea what the debt ceiling was. she blamed lawmakers. >> i believe honestly they make things purposely confuse to go do whatever they want. >>reporter: so if the president wants to turn up the heat on house republicans he has to make the issue clear and as bruce explains, republicans need to decide if they really want to stand their ground on this issue at the risk of economic down tivrnlt i think a lot has to do yes tea party you want to make a case is this the time to do it and right way to do it. that i think is boehner responsibility to explain that to his caucus members. my unitsing that's what he's planning to do over the next couple days. >>reporter: tea party express issued a statement saying it's completely irresponsible for the president of the united states to demagog this issue. the president will have big opportunity to speak to the nation on this if he chooses t t
the debt ceiling f.congress raises the debt cell what does it do. puts us more in debt. >> it allows him to borrow more money. >>reporter: half the people we talked to had no idea what the debt ceiling was. she blamed lawmakers. >> i believe honestly they make things purposely confuse to go do whatever they want. >>reporter: so if the president wants to turn up the heat on house republicans he has to make the issue clear and as bruce explains, republicans need to decide...
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Oct 9, 2013
10/13
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WTTG
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you do need to raise the debt ceiling. the president is not going to budge on obama care and nor should he. he said that he will negotiate on all of these things once the threat of the default is off the table and un fofortunately i do think it's going to happen and the shut down will happen until then and then we'll see what happens but the president did indicate he would sign a short-term resolution to keep the government open. maybe republicans will i agree and we can negotiate. >> how can this work if we keep kicking the can down the road. >> we're sick of it no question about it. it does give time for negotiations. right now there aren't any negotiations so if they would sit down and get some we're not going to be able to negotiate on what the republicans want in terms of delaying obama care. >> you'll be forced into it. obama will become desperate. >> that's not correct, jack. >> i don't mind the government being shut down because it's enforcing fiscal discipline on the system. this sis the only way to enforc fiscal
you do need to raise the debt ceiling. the president is not going to budge on obama care and nor should he. he said that he will negotiate on all of these things once the threat of the default is off the table and un fofortunately i do think it's going to happen and the shut down will happen until then and then we'll see what happens but the president did indicate he would sign a short-term resolution to keep the government open. maybe republicans will i agree and we can negotiate. >> how...
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May 21, 2013
05/13
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now, this body may well vote to raise the debt ceiling, but if this body votes to raise the debt ceiling, we should do so after fair and open debate where the issue is considered and where the threshold is the traditional 60-vote threshold where we can address what i think is imperative that we fix the problem. when i -- when i travel across the state of texas, men and women stop me all the time and say enough of the games. go up there, roll up your sleeves, work with each other and fix the problem. and just getting a new credit card, jacking up the debt ceiling with no spending reforms, no structural reforms, no pro-growth reforms is a mistake, it's the wrong path. a senator: will the senator yield for a question? mr. cruz: i will yield. mrs. boxer: here's the question. the people in my state are saying the same thing. roll up your sleeves and attack the problems, because guess what? i remember when this budget was balanced when bill clinton was president. it took literally a few months before george w. bush gave a tax break and put it on the credit card, two wars on the credit card and
now, this body may well vote to raise the debt ceiling, but if this body votes to raise the debt ceiling, we should do so after fair and open debate where the issue is considered and where the threshold is the traditional 60-vote threshold where we can address what i think is imperative that we fix the problem. when i -- when i travel across the state of texas, men and women stop me all the time and say enough of the games. go up there, roll up your sleeves, work with each other and fix the...
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Jan 11, 2013
01/13
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FOXNEWS
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next month, congress will be asked again to raise the debt ceiling. most republicans will oppose that acting for definite spending cuts before more borrowing. does the president care? >> the only viable option here is congress to fulfill -- that congress fulfills its responsibility and ensures that the united states of america pays its bills as it has always paid its bills through the its history. >> bill: just shut up and pay. all right? don't be asking for anything, just pay. it's mr. obama's way or the highway. again, he could use an executive order to ignore the debt ceiling and i will not be surprised if he does. so, what we have here is not a failure to communicate as they once said in the movie cool hand lou. but a president who believes he can do what he wants to do with little accountability. he has already signed executive order changing immigration rules. that was done in the middle of the night. few even know about it if this continues there will be a constitutional crisis in america. unfortunately we the people are slow to understand what
next month, congress will be asked again to raise the debt ceiling. most republicans will oppose that acting for definite spending cuts before more borrowing. does the president care? >> the only viable option here is congress to fulfill -- that congress fulfills its responsibility and ensures that the united states of america pays its bills as it has always paid its bills through the its history. >> bill: just shut up and pay. all right? don't be asking for anything, just pay. it's...
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Oct 10, 2013
10/13
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CNN
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does default on its debt, doesn't raise the debt ceiling. it looks like he's going to have a tough sell, especially with republicans on the panel. let's play a clip. i believe we have treasury secretary lew speaking with republican senator from wyoming, mike enzi. let's listen. >> mr. secretary, i think this is the 11th time i've been through this discussion about the sky is falling and the earth will erupt. wyoming families aren't buying these arguments. they're saying, you can't spend more than you take in. and you can't -- definitely can't keep doing it forever and ever and ever. >> senator, those wyoming families know that after they've run up their credit card, they don't get to ignore t they have to pay the bill. the debt limit is just paying our bills. >> and those bills secretary lew was talking about are bills that will come due between october 17th and november 1st, bills that would pay military troops, active duty troops, medicare, medicaid payments, not just bills or payments to bond holders. a whole lot of people would be in tro
does default on its debt, doesn't raise the debt ceiling. it looks like he's going to have a tough sell, especially with republicans on the panel. let's play a clip. i believe we have treasury secretary lew speaking with republican senator from wyoming, mike enzi. let's listen. >> mr. secretary, i think this is the 11th time i've been through this discussion about the sky is falling and the earth will erupt. wyoming families aren't buying these arguments. they're saying, you can't spend...
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Oct 10, 2013
10/13
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about our debt ceiling raise, interest rates are likely to raise. raise in capital will become a problem. do you have any thoughts on what that's going to be doing to our silicon valley entrepreneurs? mr. honda: well, it's a dampening effect. i think people are less likely to invest. even though there's a great faith in the kinds of activities we have in silicon valley. i think those who have the resources to make the investments, they're going to be looking at it twice before they can move forward. i think that they're very concerned about the government's behavior in terms of how we manufacture crisis around the debt limit, how we manufacture crisis about the c.r. or the budget. and all we need is what we proposed a few months ago and that is a good balanced budget that would drive this country forward economically and logically. no family functions without a good budget. and what we're doing is we created a budgetary crisis that guarantees -- they've already done it -- closure of the government or the dysfunction of a family. and when you do that
about our debt ceiling raise, interest rates are likely to raise. raise in capital will become a problem. do you have any thoughts on what that's going to be doing to our silicon valley entrepreneurs? mr. honda: well, it's a dampening effect. i think people are less likely to invest. even though there's a great faith in the kinds of activities we have in silicon valley. i think those who have the resources to make the investments, they're going to be looking at it twice before they can move...
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Oct 8, 2013
10/13
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and because it's called raising the debt ceiling, hi think a lot of americans think it's raising our debt. it is not raising our debt. this does not add a dime to our debt. it simply says you paid for what congress has already authorized america to purchase, whether that's the greatest military in the world or veterans benefits or social security. whatever it is that congress has already authorized, what this does is makes sure we can pay those bills. now, the last time that the tea party republicans flirted with the idea of default two years ago, markets plunged, business and consumer confidence plunged, america's credit rating was downgraded for the first time, and a decision to actually go through with it, to actually permit default according to many ceos and economists would be -- and i'm quoting here -- insane, catastrophic, chaos. these are some of the more polite words. warren buffett likened the default top a nuclear bomb, a it would undermine the world's confidence in america as the bedrock of the globalom> econo and it might permanently increase our borrowing costs, which,
and because it's called raising the debt ceiling, hi think a lot of americans think it's raising our debt. it is not raising our debt. this does not add a dime to our debt. it simply says you paid for what congress has already authorized america to purchase, whether that's the greatest military in the world or veterans benefits or social security. whatever it is that congress has already authorized, what this does is makes sure we can pay those bills. now, the last time that the tea party...
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Jan 2, 2013
01/13
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FOXNEWSW
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they may be unable to pay the bills if the debt ceiling is not raised. that debt default will no doubt send the u.s. economy back into could have more deleterious effect than falling off the fiscal cliff couwould h. >> tim geithner put in measures to avoid that. >> at the end of the month we are talking about these issues all over again. >> lauren simonetti fox business network. thank you. >> 15 after the hour. still to come the temperatures are plummeting and that means your risk of certain health problems rises. what you need to watch out for during the winter to avoid a trip to the doctor's office. several nurses fired for refusing flu shots. wait until you hear this story. >> was we go to break a look at the gas prices. national average 3.29 cents an ounce -- announce. $3.29. that is unchanged from yesterday. >> it is 19 minutes after the hour. here are quick headlines. it may be another reason to cut back on sugar. it can cause you to over eat. a new study finds when people eat fructose sugar it turns off part of the brain that tells you when you ar
they may be unable to pay the bills if the debt ceiling is not raised. that debt default will no doubt send the u.s. economy back into could have more deleterious effect than falling off the fiscal cliff couwould h. >> tim geithner put in measures to avoid that. >> at the end of the month we are talking about these issues all over again. >> lauren simonetti fox business network. thank you. >> 15 after the hour. still to come the temperatures are plummeting and that means...
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Sep 20, 2013
09/13
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ALJAZAM
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failure to raise the debt ceiling could cause a down grade in the u.s. credit rating another scenario for economic chaos. but even if the stalemate eventually gets solved the mere discussion of it right now could have an economic impact. take a look at confidence over the next two or so years. noticeable dibtnoticeable dips d when the sequesterrer was debated earlier this year. the uncertainty pushes business leaders to slow down hiring. corporations start putting money away instead of spending money on new equipment. and if you wanted more proof, the partisan grandstanding in washington is a threat to the economy. fears of a shut down contributed to a 1% drop of the stock market on friday after hitting record highs earlier in the week. let's dig deeper into what all the uncertainty coming out of washington means for you. chris farrell, economic editor for marketplace money, a a finance program. what is this talk about washington dysfunction? >> you saw today with the decline in the stock market it was down about a percentage point. and so you know, that
failure to raise the debt ceiling could cause a down grade in the u.s. credit rating another scenario for economic chaos. but even if the stalemate eventually gets solved the mere discussion of it right now could have an economic impact. take a look at confidence over the next two or so years. noticeable dibtnoticeable dips d when the sequesterrer was debated earlier this year. the uncertainty pushes business leaders to slow down hiring. corporations start putting money away instead of spending...
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Jan 27, 2013
01/13
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the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure, but it was also year after year of balanced budgets and some of 9 most fiscally responsible policies from congress we have seen in modern times. \[applause] the only hope of getting anything affirmative done is requesting to come from those leverage points because president obama has indicated, sadly, he has no interest in being bill clinton. he has no interest in tacking to the middle. he has no interest in compromising with anybody, and the only way we're going to restrain the out of control spending and debt that's threatening our future is to use those leverage points to
the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure, but it was also year after year...
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Oct 9, 2013
10/13
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ALJAZAM
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this is they're latest plan to re-open the government and raise the debt ceiling. is it a workable solution or a political ploy? >> we've heard this before. it's happened many times before, and these committees usually fail to come up with an agreement. i could envision a scenario. in fact, it's the most likely scenario right around the 17th both boehner and obama say, all right, we'll raise the debt ceiling and end the shutdown at least for a while in exchange for some committee that will look at options. maybe it will last for a couple of months. that means the cloud continues to persist. we could get into mid-december and have another crisis if this committee doesn't come up with anything meaningful. >> and they are watching overseas as well. how is the shutdown affecting global investors with interests here in the u.s.? >> for now it's not enormous, although the backup in yields on short-term bills yesterday was troubling. i would say for investors around the world there are two concerns. we've talked about default. i think default maybe is a 20% chance. it's n
this is they're latest plan to re-open the government and raise the debt ceiling. is it a workable solution or a political ploy? >> we've heard this before. it's happened many times before, and these committees usually fail to come up with an agreement. i could envision a scenario. in fact, it's the most likely scenario right around the 17th both boehner and obama say, all right, we'll raise the debt ceiling and end the shutdown at least for a while in exchange for some committee that...
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government shutdown comes to an end as america default by a whisker with the debt ceiling raised some worried that catastrophe is only being delayed. the. protesters in italy take on the police as thousands hit the streets to vent their anger at the government's new austerity loaded budget. also this week. out of new clear a huge spike in radiation levels at fukushima as readings in a story rise by thousands of times in just a day.
government shutdown comes to an end as america default by a whisker with the debt ceiling raised some worried that catastrophe is only being delayed. the. protesters in italy take on the police as thousands hit the streets to vent their anger at the government's new austerity loaded budget. also this week. out of new clear a huge spike in radiation levels at fukushima as readings in a story rise by thousands of times in just a day.
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and the debt ceiling has never not been raised. so there is no debt ceiling. and by having a debt ceiling and then raising it every time, it allows the politicians off the hook for making the hard choices. >> you know, your kids and mine are going to suffer greatly because we failed to bring in spending that's not efficient, not effective and basically outside the bounds of the constitution. >> agreed. >> we've not done what the president asked us to do. he offered $435 billion in mandatory spending changes in this last budget. that ought to be included in any debt ceiling increase. in other words, we have to start making the transition to live responsib responsibly. and we can't continue to get an increase limit on our credit card whether we're not demonstrating any financial integrity in the way we run our government. >> totally agreed. senator, i agree with everything that you say. it's a great platform. few americans if any would disagree. however, where the disagreement comes is if you do not recognize what is at risk with the politics you're playing righ
and the debt ceiling has never not been raised. so there is no debt ceiling. and by having a debt ceiling and then raising it every time, it allows the politicians off the hook for making the hard choices. >> you know, your kids and mine are going to suffer greatly because we failed to bring in spending that's not efficient, not effective and basically outside the bounds of the constitution. >> agreed. >> we've not done what the president asked us to do. he offered $435...
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Oct 8, 2013
10/13
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CNNW
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economy is hinged on whether congress will raise the debt ceiling. brianna keilar is live at the white house. >> reporter: until now, all of these bills that the house and senate have been passing back and forth have been aimed at funding the government. but that changes today. now the aim is going to be making sure that there isn't a disastrous default as we come uncomfortableably close to the debt ceiling. ramping up the pressure on house republicans, senate democrats will introduce a bill today that would increase the debt ceiling for more than a year. the goal, push this hot potato issue beyond the 2014 midterm elections. the bill has no strings attached, no agreement to change obama care, no budgetary bartering. >> i cannot do that under the threat if republicans don't get 100% of their way, they'll either shut down the government or default on america's debt. >> reporter: the president still says he won't bargain with the country's ability to pay its bills. >> the president's refusal to negotiate is hurting our economy and putting our country a
economy is hinged on whether congress will raise the debt ceiling. brianna keilar is live at the white house. >> reporter: until now, all of these bills that the house and senate have been passing back and forth have been aimed at funding the government. but that changes today. now the aim is going to be making sure that there isn't a disastrous default as we come uncomfortableably close to the debt ceiling. ramping up the pressure on house republicans, senate democrats will introduce a...